Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Metals & Mining Industrial Metals & Minerals

Fission Uranium Corp. is a Canada-based uranium company and the owner/developer of the high-grade, near-surface Triple R uranium deposit. The Company is the 100% owner of the Patterson Lake South uranium property. Its Patterson Lake South (PLS) project, which hosts the Triple R deposit, a large, high-grade and near-surface uranium deposit that occurs within a 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises over 17 contiguous claims totaling 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin. Additionally, the Company has the West Cluff property comprising three claims totaling approximately 11,148-hectares and the La Rocque property comprising two claims totaling over 959 hectares in the western Athabasca Basin region of northern Saskatchewan. The La Rocque property is prospective for high-grade uranium and is located five km south of Cameco’s La Rocque Uranium Zone.

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Fission Uranium Corp

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Comment by sudzie191on May 04, 2016 4:00pm

111 Views

Post# 24841855

RE:Excellent Summary of Cameco/CRA Difference of Opinion

CCO were also begging for mercy because of the CIGAR Lake flood. Without the extra revenue from the tax dodge, CIGAR Lake may never have gone into production.

So touchy touchy for practical governement which is poised to collect the taxes on CIGAR Lake.

Without the tax dodge, CCO goes titttttts up, and no taxes for governments at all!

So now if hit CCO hard, they can't afford to develop NXE and FCU and governments loose out there, unless someone else develops those deposits.

Think governments should be patient till U price at least doubles before sending in the collection man or woman, lol

We c....................

stanley wrote:
Lurk & Learns:

Excellent summary of the complexity of the issues facing Cameco. Point being, production costs, transfer pricing, manipulative transfer pricing, etc being the CRA case. Involves tax havens of Switzerland & Barbados.

Rabbit Lake shutdown (viv a vis U oversupply), a cash conservation move to meet the $2,1 BILLION estimate of Veritas? Meaning their AISC will skyrocket and the likes of FCU league leading PEA engineering supported (RPA) AISC as opposed to undocumented PEA's produced by PROMOTERS under the guise of analysts.

At the end of the day; companies playing by the rules should PROSPER.

Summary of Cameco CRA Impasse/Situation

DYODD - GLAP
Cheers
Stanley